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Author Topic: Bitcoin in Asia  (Read 5406 times)
Capradina
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April 22, 2018, 06:16:22 PM
 #441

I think almost all over the world Bitcoin is well known, including in Asia. but most countries in Asia still have not legalized Bitcoin.
currently Bitcoin users in Asia are starting to increase. hopefully as soon as Bitcoin will be legalized in asia.
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April 22, 2018, 06:43:04 PM
 #442

For Asia bitcoin is common and mostly the Asian countries are holding a good hold of bitcoin and they are mostly using bitcoin for dealing over the Internet and soon bitcoin will be legally allowed in the world for such features and it is also good to use this for speculation too because the high volatility of bitcoin is known to every one so if some one is serious in bitcoin investment for future they have to think first.

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April 22, 2018, 06:43:12 PM
 #443

Asia can be regarded as the most bitcoin users in the world. It is supported by the largest population dominated by countries that enter into the Asian Continent such as China and Indonesia. However, Japan became the first country to receive bitcoin as a method of payment for its citizens and that acceptance made the bitcoin price rise fantastically by the end of 2017. If most Asian countries with the most populations returned received bitcoin, the greater the effect it would have on bitcoin prices in the market crypto.
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April 22, 2018, 06:49:46 PM
 #444

It's pretty common. For example, majority of bitcoin, ethereum holders are from China. There are thousands of wechat groups in China for coins, ico's. In Hong Kong, there is what's app groups to discuss about crypto. The eastern culture as a whole generally adopts new technology faster than in the west.
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April 22, 2018, 07:00:20 PM
 #445

bitcoin in asia is quite popular because some people in South East Asia is using bitcoin as a payment in bills


I think bitcoin will grow taller than expected because there is a remarkable increase in adoption across Asian countries.
Bitcoin in Asia is quite popular compared to the western European continent. This is all due to increased acceptance and people easily use it as a way to earn extra income based on legitimacy.
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April 22, 2018, 07:06:34 PM
 #446

How common is Bitcoin in Asia? Just want to know Huh

Bitcoin and all the cryptocurrency business itself is very successful in Asia most of these countries are developing and progresses along with the world. The population of unemployed individuals in this continent has found career in this field. Countries like India, Philippines and Thailand are engaging more and more to careers related to the use of Internet and technologically advanced countries like Japan and South Korea have embraced this innovation.
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April 22, 2018, 07:10:00 PM
 #447

bitcoin has grown big in asia especially in japan country because japan has received bitcoin even japan state replace its state law to legalize bitcoin, hope japan country step can be followed by other countries in asia to legalize bitcoin and make bitcoin getting bigger in asia

It's incredibly bitcoin in Asia, since the largest bitcoin mining can be found in China and after the bitcoin value boom of 2017 I think many are involved in Asia because of this. I hope that this digital currency will be known all over the world and maybe bitcoin to be the currency used. that there are many people who say use bitcoin in asia mostly than most western countries out there, i might say japan is really great in adopting this kind of technology.
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April 22, 2018, 07:12:45 PM
 #448

Bitcoin is trying to make its place in Asia. In Asia, China countrie has put a ban on Bitcoin. Because China considers Bitcoin to be a threat to its own country. And india is also not able to explain its opinion on Bitcoin. Thereby Bitcoin is having trouble making its place in Asia. But in a country like Japan Bitcoin is fully adopted. Countries like india will also adopt Bitcoin in the coming time. Because Bitcoin's future is that digital currency.

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April 22, 2018, 07:16:27 PM
 #449

I think Bitcoin in Asia is becoming popular because there are so many people interested in Bitcoin as an investment. There are even some Bitcoin users ranging from kids, adults, and parents because they use bitcoin as a medium of exchange for online shopping and become their daily income. In my opinion, Bitcoin has a positive impact because unemployed people can earn an income with trade and signature campaigns.
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April 22, 2018, 07:19:07 PM
 #450

Bitcoin is trying to make its place in Asia. In Asia, China countrie has put a ban on Bitcoin. Because China considers Bitcoin to be a threat to its own country. And india is also not able to explain its opinion on Bitcoin. Thereby Bitcoin is having trouble making its place in Asia. But in a country like Japan Bitcoin is fully adopted. Countries like india will also adopt Bitcoin in the coming time. Because Bitcoin's future is that digital currency.

if we talk about the volume of the market, then the Asian countries that are not complicated by regulation problems and internet limitations to access it is southeast asia. Many startups have emerged from singapore, and even south korea and hongkong have been seen actively to collaborate with Indonesia. Last year many were still dependent on China and India, but their non-proactive attitude made many development opportunities from other Asian countries.

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April 22, 2018, 07:22:28 PM
 #451

Bitcoin has a lot of popularity in Asia. Bitcoin is already introduced in the world so also in the asia. I think Bitcoin will be worldwide
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April 22, 2018, 10:12:50 PM
 #452

I'm from Bangladesh & it's one of the best countries in ASIA.I know 70% to 80% of the people are aware of Bitcoin.Actually in a word BTC is huge popular in my country.Basically it can be called a common currency in this country.But BTC is banned by government really it's sound is bad.Personally I use it with very carefully because  there are provisions for penalties and punishment because it is illegal.

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April 22, 2018, 10:15:49 PM
 #453

I think Bitocin is also gaining grounds in Asia.  From a news article I read that some regions are now starting to establish guidelines on how to regulate the crypto to protect investors and likewise plan to source taxes from it. 
cordlesslake
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April 22, 2018, 10:22:30 PM
 #454

It turns out to me that bitcoin is more popular in Asia than in the West so much so that Japan has fully recognized it for daily payments as well.
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April 23, 2018, 12:02:34 AM
 #455

 Asia is taking different approaches in dealing with Bitcoin .China told to stop virtual currency trading platforms in order to fight against the speculation around cryptocurrency which disrupted the financial system . Whatever the authorities says about Bitcoin situations China  is creating nearly 60% to 70% of  new Bitcoins in China . Japan became the first country in the world to proclaim Bitcoin as legal tender. Japan and south Korea are home to some biggest  global exchanges.

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April 23, 2018, 01:58:27 AM
 #456

Bitcoin is wide range expanded in Asia, in fact the leading Asian country who legalized and accept bitcoin as part of their currency is Japan. They fully recognized it and there are also Asian countries who are now implementing bitcoin but it is not yet fully recognized by their government but soon it will be. Bitcoin in Asia is very popular nowadays.
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April 23, 2018, 02:01:51 AM
 #457

How common is Bitcoin in Asia? Just want to know Huh
bitcoin is in asia, specially asian countries, india, srilanka,japan,pakistan,china, all above starting their trading system and their bank starting to accept butcoin.

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April 23, 2018, 02:08:39 AM
 #458

How common is Bitcoin in Asia? Just want to know Huh
Here in the Philippines people are using bitcoin to scam. NEWG a bitcoin investment has scammed 900M php or $17M over 50 persons and still counting but thankfully founders have been caught but the money will not be returned.

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April 23, 2018, 04:30:01 AM
 #459

How common is Bitcoin in Asia? Just want to know Huh

Well in asia its somehow hard to find a job , there are many freelancers only , some cant find a temporary job , some are unemployment. Then the bitcoin arrived it gives a hope to some , some are now sucessful because of bitcoin , some are earning money because of bitcoin. Im very thankful that bitcoin created , and to be honest im from philippines.

 
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April 23, 2018, 05:11:32 AM
 #460

Bitcoin in my country in Indonesia (part of Asia) has been banned from using Bitcoin by the Government of Indonesia.
The government considers Cryptocurrency very risky to be used in Indonesia that is for money laundering crime, for embezzlement of money, because it is considered will be difficult to be tracked.
Therefore the government forbids Bitcoin for transactions in Indonesia.
if in Japan, Japan has legalized the use of Bitcoin and payments with Bitcoin are common and the Japanese government provides facilities for Bitcoin users.
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